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Home: Business Issues and Advice: Reflections after a year in retail:
Advise on starting an Internet business

 

 


mawwerks
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Feb 13, 2007, 8:32 AM

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I and a group of artists started an online marketplace for artists to sell their handcrafted goods three years ago. Of course we were told how easy it was and it would be such an easy path to instant riches.

The Internet I am sure you have heard is the wave of the future. Everyone shops online. Perhaps they do, however there is a lot to know before you just run out there and spend money on an online store.

1. Paying professionals to do the work is good but you must know something about the web in order to know if they are doing their jobs correctly and efficiently.

2. Key words for running an Internet site "Search Engine Optimization i.e. SEO" and Meta tags. Both very important in order to get "ranked" with search engines. You may pay someone to build your site but many times they do not include do the SEO's and Meta tags you must learn to do them yourself or hire a company to do them for you on a monthly basis. This can be very costly. Our biggest expense is having our SEO's done on a regular basis.

3. A working site that doesn't have broken links and is easy to maneuver in. You want people to stick around. If people have a pleasant "shopping" experience they will come back.

4. Photography. If you are using pictures on your website and most of us are, remember buying an item that is considered art whether its jewelry, paintings, sculpture, clothing; these items are considered an emotional type purchase and difficult to sell online because the customer cannot touch them. Therefore you must supply them with very clear and enticing pictures. The more clear and detailed the better.

5. Describing your items is just as important. A good solid description that is lively yet informative is a must. Tell the customer what your product is made of, how long it is and does it come in sets or individually.

6. Although many web designers will tell you that you can do all your business online, in the beginning you will need to beat the street a little so to speak in order to get your name out to supply stores depending on what you do, beads, wood, clay, paints, etc. most supply stores will allow you to put postcards or flyers at their location this can be a powerful tool to help you get noticed.

7. Customer service. We struggled through some difficult times but were able to keep our core base because we treated our clientele like kings and queens. Remember without your clients you have no website. Each of the owners took turns the first year being on call for customer service 7 days a week 24 hours a day. There was a lot of appreciation expressed to us by our artists and customers for this service.

Anyway, I just wanted to share this information. Hopefully anyone out there that is thinking of opening an e-commerce store will benefit from our experience.
sincerely
mawwerks


lexaneploho
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Sep 5, 2019, 2:59 PM

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Re: [mawwerks] Advise on starting an Internet business [In reply to] Can't Post

If you want to start internet business with selling goods, in other words you want to start e-shop, I highly advice you to use magento platform for these goals. And the best way to do custom magento development https://www.zfort.com/magento-development-services


(This post was edited by lexaneploho on Sep 5, 2019, 3:10 PM)


Jamess
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Dec 11, 2019, 10:34 PM

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Any business, even online, requires registration or incorporation. If you have already formed your company, then I recommend you to seek professional advice from a Singapore company https://osome.com/sg/incorporation/. You will be able to get qualified assistance in the incorporation of the company for a successful start of your Internet business.


JosephGConant
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May 19, 2020, 6:20 PM

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In Reply To
Any business, even online, requires registration or incorporation. If you have already formed your company, then I recommend you to seek professional advice from a Singapore company http://www.acrafile.com. You will be able to get qualified assistance in the incorporation of the company for a successful start of your Internet business.


I started an e-commerce business a while back. I thought Singapore will be a great place to expand my e-commerce business to.

Thank you for your advise.


vinayjadhav
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Dec 17, 2020, 3:21 AM

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There are a few other tasks that you must complete after starting your company and before starting your business activities.

Create a Business Website: Today, your customers automatically expect you to have a business website and a strong presence on social media and other platforms. It is the reason why you need to create a website that is beautiful and easily navigable. It will act as the face of your business. 

You also need to be prepared with the market research and marketing campaigns to promote your website and products to your target customers. Publishing content that accurately addresses the needs and goals of your customers can go a long way in attracting them to it.

Permits and Licenses: The next step in your Singapore company incorporation journey is to acquire the necessary licenses and permits from the appropriate authorities. Their number and type will vary depending on the products or services you want to sell through your online business.

Corporate Bank Account: Open a corporate bank account for your new business. It will help you by streamlining business’ finances. You can use it to accept payments from your customers and pay for the required utilities, services, and products.

Contract & Lease Agreement: During the course of your business activities, if you may need to lease or rent properties, office spaces, or machinery. Sign the lease agreements, business contracts (suppliers) and service agreements (customers) under your company name.

Register Your company for GST: You expect your yearly business turnover to exceed S$1 million. Register your business for Singapore Goods and Services Tax (GST). You will need to collect 7% of tax from your customers and pay it to the IRAS at the time of GST filing.

Open MOM / CPF Account: Fill and file appropriate MOM and CPF forms to open a CPF account for your business. Transfer adequate funds to it.[url=https://www.sbsgroup.com.sg/incorporate-a-singapore-company/]

(This post was edited by vinayjadhav on Dec 17, 2020, 3:31 AM)


vinay01
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Jan 18, 2021, 1:57 AM

Post #6 of 10 (45000 views)
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We are ready to use 5G internet. And today, investing in Singapore company incorporation process to start an online business is a better decision than setting up a brick and mortar shop. www.sbsgroup.com.sg Here is information on how to incorporate your online business in Singapore.

(This post was edited by vinay01 on Jan 18, 2021, 2:00 AM)


mildr
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Dec 21, 2021, 3:14 AM

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For your internet business to function properly, you need a team of professionals. Recruitment strategies https://hr-bit.com/...ruitment-strategies/ should be considered in order to determine the right approach to finding and hiring employees.


Kaka88
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Dec 23, 2022, 1:19 AM

Post #8 of 10 (20154 views)
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cloud computing service is the best solution for your business. Read the article on the website: https://www.vuassistance.com/...of-business-success/. Store large amounts of data securely and efficiently. Check the company's offer: cloudferro.com. Thanks to appropriate safeguards, your data remains in one place completely safe. Optimize your plan, choose the right model and save money.


ethanmiles
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Jan 2, 2023, 6:19 AM

Post #9 of 10 (19839 views)
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Re: [mawwerks] Advise on starting an Internet business [In reply to] Can't Post

To start a online business on internet you should join some groups of experts via og whatsapp download from here https://gbroid.net/ogwhatsapp-apk/


Holomonters
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Jan 7, 2023, 9:39 AM

Post #10 of 10 (19663 views)
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Re: [ethanmiles] Advise on starting an Internet business [In reply to] Can't Post

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